Sustainability Loan definition

Sustainability Loan means any Revolving Facility Loan requested by the Borrower in compliance with the Sustainability Financing Framework and meeting the Sustainability Use of Proceeds Investment Criteria.
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Sustainability Loan means any Loan that is requested by the Borrower in accordance with Section 1.7 hereof for Green Investment Use of Proceeds or Social Investment Use of Proceeds.
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Sustainability Loan means, any Loan made to an Obligor that is principally engaged in providing sustainability products and/or services, including, but not limited to alternative energy, energy efficiency technologies, green building materials, water purification and waste recycling.
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Examples of Sustainability Loan in a sentence

  • The eligibility of the Borrower’s allocated use of proceeds of any Sustainability Loan as a Green Investment Use of Proceeds or Social Investment Use of Proceeds shall be determined at the sole discretion of the Borrower via an internal process coordinated by the Borrower’s treasury and sustainability management teams and other relevant stakeholders internal to the Borrower.

  • To the extent Sustainability Warehouse Loans are outstanding, Borrower shall comply in all material respects with the Sustainability Loan Terms and Conditions.

  • The Borrower will use the proceeds of Sustainability Loans in compliance with the Sustainability Loan Framework.

  • If the Borrower so delivers a Notice of Borrowing, the Loan requested thereunder shall be a Sustainability Loan and the Applicable Percentage for such Sustainability Loan shall be the percentage equal to the Applicable Percentage (whether Base Rate Loan or Eurodollar Loan) that would have otherwise been applicable at the time of the drawing of such Sustainability Loan minus the Sustainability Margin Adjustment.

  • If the Borrower so delivers a Notice of Borrowing, the Loan requested thereunder shall be a Sustainability Loan and the Applicable Percentage for such Sustainability Loan shall be the percentage equal to the Applicable Percentage (whether Base Rate Loan or Term SOFR Loan) that would have otherwise been applicable at the time of the drawing of such Sustainability Loan minus the Sustainability Margin Adjustment.


More Definitions of Sustainability Loan

Sustainability Loan shall have the meaning set forth in Annex D.
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Related to Sustainability Loan

  • Sustainability means the use, development, and protection of resources at a rate and in a manner that enables people to meet their current needs while allowing future generations to meet their own needs; “sustainability” requires simultaneously meeting environmental, economic and community needs.

  • Sustainability Risk means an environmental, social or governance event or condition that, if it occurs, could cause an actual or a potential material negative impact on the value of the investment;

  • Sustainability Structuring Agent means X.X. Xxxxxx Securities LLC, in its capacity as sustainability structuring agent hereunder.

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.

  • Sustainable means a technology or concept that allows the use of a natural resource

  • Commercial loan means a loan that is not made primarily for

  • Sustainability Factors means environmental, social and employee matters, respect for human rights, anti‐corruption and anti‐bribery matters.